US-based IBM has announced to lay off 3,900 employees, including in IT Infrastructure services and part of AI Unit called Watson Health . IBM joins a slew of tech companies such as Meta, Alphabet, Microsoft and others in laying off thousands of employees amid the global economic headwinds.
Joining the other tech companies like Google, Microsoft, music-streaming giant Spotify has announced to trim off 6% of its staff amid fear of probable recession.
Big tech companies like Amazon, Google, Microsoft, more have laid off their employees in January 2023 amid the fear of possible recession and to cut costs and restructure business in order to make guide toward profit making.